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FTSE rises as fears over Italy's future in the EU fade

The FTSE 100 nudged seven points lower to 7,042 despite reassurances from Italy's prime minister that the country will not leave the EU or stop using the euro following concerns over its budget plan.

Ryanair profit slides 9% after strikes and higher fuel costs hurt margins

Ryanair booked an 9% fall in first half-profit after it was hurt by strike action, lower ticket pricing and higher fuel costs.

NMC Health upgrades annual revenue, earnings guidance

Gulf-country private healthcare group NMC Health upgraded its annual revenue and earnings guidance following 'positive developments' in the second half.

Lonmin posts modest full-year output growth; undertakes refinancing

Platinum producer Lonmin said it had suffered a fatality at one of its mines after reporting a modest increase in full-year production and above-guidance sales. The company also said it had entered into $200m metal purchase agreement with Pangaea Investments Management to shore up short-term liquidity.

QinetiQ acquires military training group Inzpire for £23.5m

QinetiQ Group said it had agreed to acquire military training systems provider Inzpire Group for £23.5m.